Unusual Options Activity: DAL, AUY, PAY, and JOY

Delta Air Lines, Inc. (NYSE:DAL) calls were popular as airline stocks outperformed

Josh Selway

Sep 4, 2015 at 5:02 PM

It wasn't the end-of-week finish the Dow was hoping for, as the blue-chip index fell 272 points -- bringing its weekly loss to 3.2%. Across all 12 options exchanges, 6.7 million calls crossed, compared to 7.9 million puts. The day's put/call volume ratio closed at 1.18.

Call volume on Delta Air Lines, Inc. (NYSE:DAL) ran at nearly twice the expected rate, amid a big day for airline stocks. On the other hand, it was another tough day for gold stocks, although Yamana Gold Inc. (USA) (NYSE:AUY) calls changed hands at an accelerated clip.

VeriFone Systems Inc (NYSE:PAY) puts crossed at roughly four times the average, after the company offered up weaker-than-anticipated guidance. Meanwhile, with the stock still on the short-sale restricted list following yesterday's slide, Joy Global Inc. (NYSE:JOY) put volume ended four times higher than normal.

150904UPuts

150904UCalls

Follow @Schaeffers

Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released!